The Education Bubble
The average range of tuition inflation is normally 8% annually, and prices have not fallen or stabilized once since 1977, regardless of economic cl
The average range of tuition inflation is normally 8% annually, and prices have not fallen or stabilized once since 1977, regardless of economic cl
"The risk associated with loan obligations are shifted to the taxpayer. Consequently, the act removes obligation and creates a moral hazard with the creation of a virtual backstop."
"I ought to exercise my talents for the benefit of others; but that exercise must be the fruit of my own conviction; no man must attempt to press me into the service."
William GodwinTrue enough, while I would have met the qualifications of planning to go on for a secondary education, having a 3.0 GPA or better, and being a varsity letter winner, I wouldn't have stood a chance against the student athletes I'm considering this year, or any who have applied the last few years we've awarded the "Frenchie."
It is time to challenge head on the nonsense of the Phillips Curve, Keynesianism, and inflationary theft, and all the rest.
For-profit schools can play a significant role in educating a traditionally underserved market; however, for their thousands of students to be the beneficiaries of such education, the market must be freed of governmental involvement.
We have long known that Austrolibertarianism is the only truly international economic-political movement outside of Marxism.
Even students who already have a strong understanding of more advanced Austrian concepts should consider reading Hahn's Common Sense Economics, for it will strengthen their foundations in economic theory.
"Twenty-five percent of college-bound high-school students cannot name the ocean separating the United States from Asia. This happens despite the fact that education funding in the United States tripled from 1960 to 2000."